NLP and Company Growth Enhancement
Read another great review in the FT of a book that’s now on the list. Stall Points. Most Companies Stop Growing – Yours Doesn’t Have To by Matthew Olsen and Derek van Bever.
Apparently it’s about learning from the mistakes some of the biggest companies made: Daimler-Benz, IBM, Toshiba, Levi Strauss that lead to their revenues to stall.
As well as four main reasons driving more than half the growth failures:
‘“premium position captivity” – the failure to change tactics in response to the advent of a low-cost competitor or changing customer preference; “innovation management breakdown” – failure to achieve desired or required returns on investments in new products or services; “premature core abandonment” – failure to exploit growth opportunities in the “core franchise” or to adjust the business model to meet new competitive requirements; and “talent bench shortfall” – lack of adequate leaders and staff with the skills and capabilities for successful strategy execution.’ – FT,
the authors apparently identify ‘stale thinking, based on “mental models” that no longer apply. Abandoning long-held beliefs, resisting the seductive perils of denial, proves difficult for many business leaders’
I was running one of our Ideas and Learning Project courses at Madgex today… Read more…
Just Seven Things 